{"id":85998,"date":"2023-10-20T11:14:51","date_gmt":"2023-10-20T08:14:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=85998"},"modified":"2025-09-13T02:43:24","modified_gmt":"2025-09-12T23:43:24","slug":"binance-strikes-deal-to-offer-euro-denominated-services","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-strikes-deal-to-offer-euro-denominated-services\/","title":{"rendered":"Binance strikes deal to offer euro-denominated services"},"content":{"rendered":"<p>European Binance users gained the ability to deposit and withdraw funds in euros. This occurred after<a href=\"https:\/\/forklog.com\/en\/news\/media-german-regulator-to-deny-binance-a-crypto-custodian-licence\">discontinuation of the service<\/a> in September by Paysafe, the bitcoin exchange&#8217;s former partner.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We have signed agreements with a number of new regulated and authorised companies [\u2026]. Users have already started moving to the new services,&#8221;<\/em> Binance said.<\/p>\n<\/blockquote>\n<p>They include:<\/p>\n<ul class=\"wp-block-list\">\n<li>transactions in euros through<a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%9E%D1%82%D0%BA%D1%80%D1%8B%D1%82%D1%8B%D0%B9_%D0%B1%D0%B0%D0%BD%D0%BA%D0%B8%D0%BD%D0%B3\"> Open Banking<\/a> and<a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%95%D0%B4%D0%B8%D0%BD%D0%B0%D1%8F_%D0%B7%D0%BE%D0%BD%D0%B0_%D0%BF%D0%BB%D0%B0%D1%82%D0%B5%D0%B6%D0%B5%D0%B9_%D0%B2_%D0%B5%D0%B2%D1%80%D0%BE\"> SEPA\/SEPA Instant<\/a>;<\/li>\n<li>cryptocurrency trades via card payments and fiat balances, as well as<\/li>\n<\/ul>\n<p>SEPA\/SEPA Instant;<\/p>\n<ul class=\"wp-block-list\">\n<li>EUR spot pairs for all users.<\/li>\n<\/ul>\n<p>On 28 September Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-advised-paysafe-users-to-convert-euros-to-usdt\">urged<\/a> Paysafe users to convert euros held on their balance into the stablecoin USDT by 31 October, stopping the purchase, sale and trading of this currency. The company also pledged at the same time to implement integration of new channels.<\/p>\n<p>Back in August, the exchange <a href=\"https:\/\/forklog.com\/en\/news\/binance-to-shut-down-binance-connect-platform\">closed<\/a> the fiat-to-crypto platform Binance Connect (Bifinity).<\/p>\n<p>The latter <a href=\"https:\/\/forklog.com\/en\/news\/binance-launches-payments-company-bifinity\">was launched<\/a> in March 2022 in collaboration with Checkout.com, Paysafe and other partners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Binance users gained the ability to deposit and withdraw funds in euros. This followed the service being discontinued in September by the previous partner.<\/p>\n","protected":false},"author":1,"featured_media":85999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,83,1612,733],"class_list":["post-85998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-business","tag-euro","tag-europe"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=85998"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85998\/revisions"}],"predecessor-version":[{"id":86000,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85998\/revisions\/86000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/85999"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=85998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=85998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=85998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}